Interested in purchasing investment houses in the 02142 zip code in Cambridge, MA?
The zip code 02142 is in Middlesex county with a latitude of -71.082000000000 and longitude of 42.361950000000, is in the state of Massachusetts. The average asking price of houses and condos is $502,333.00 and the average sale price was $37,000.00. this regions is classified as the Boston metro area and consists of the following area codes: 617 and 857. The location in degrees is 42° 21' 43.02" N, 71° 4' 55.2" W. The county F.I.P.S. is 25017. The total land area is 0.3 square miles and the water area is 0.2 square miles. The zip code is on eastern standard time and observes daylight savings time.
The zip 02142 is in county number 025 and is L. Sector 09, L. Segment 99, H. Sector 99, and H. Segment 99. The population was 3,716 in 2019 and 3,141 in 2010. This further breaks down to 1,928 males (51.9%) and 1,787 females (48.1%). The median age of residents is 31.2 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 13,439. This zip code has a combined total of 2,090 houses and condos. There are 1,559 rented appartments. 87% of residents rent versus the 87% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $189,262 and the average salary is $108,049. The median household income of individuals is $70,582.00 and the average is $192,690.00. This zip code has a mean commute time to work of 20.2 minutes. The unemployment rate is 1.9%. Income earners by percent breakdown as 35.10% (Under $50,000), 32.40% ($50,000-$100,000), and 32.50% earn over $100,000. 10.0% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 147.5. The educational breakdown is 102.6% have a high school education or higher, 94.0% have a bachelor's degree or higher, and 61.7% have some kind of profesional degree.
This area has 1,468 households and the average size is 1.9 people. Individuals who are single and have never been married are 52.9%, 39.0% are now married, 0.3% are separated, 2.8% are widowed, and 5.0% are divorced. The average yearly contribution amount given by people to charity was $8,877 versus the state average of $4,208. The percent of residents who gave to charity was 30.9%.
The estimated median value of houses and condos is $1,018,835. The median monthly owner costs of mortgage holders was $3,228, where as the costs for those who don't have a mortgage are $1,191. The median number of rooms in houses and condos are 3.8 versus apartments which had a median number of 3.1.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $4,371. In comparision, the average real estate tax percent rate in the state is 1.2% which equated to an average real estate tax amount payment in the state of $4,899. The median housing property tax percent for residents with mortgages was 0.3% which amounted to an average tax amount of $3,691. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $4,609. Reported taxable interest for persons was $7,427, dividends $18,065, capital gains +$82,496, and itemized deductions $50,019. The average earned income tax credit is $1,029. The percent of individuals that use a tax preparer is 44.6%. The total average income taxes paid by individuals was $26,930. Businesses reported an average profit of $56,533.
Helmand
143 1st St, Cambridge, MA 02142
Aceituna Grill
605 W Kendall St, Cambridge, MA 02142
Muqueca Restaurant
1008 Cambridge St, Cambridge, MA 02141 (0.5 miles away)
The Paramount
44 Charles St, Boston, MA 02114 (0.8 miles away)
The Oceanaire Seafood Room
40 Court St, Boston, MA 02108 (0.8 miles away)
Grill 23 & Bar
161 Berkeley St, Boston, MA 02116 (0.9 miles away)
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